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ECONOMY The Minneapolis-St. Paul Metropolitan Area is one of the country's major economic hubs, with several Fortune 1000 companies and the World 's second largest privately held Corporation . As of 2007, the following Fortune 1000 and Forbes Largest Private companies have their Headquarter s in the Minneapolis-St. Paul Metropolitan Area :12 MINNEAPOLIS
SAINT PAUL
SUBURBAN HEADQUARTERS Arden Hills
Bayport
Bloomington
Eagan
Edina
Eden Prairie
Fridley
Golden Valley
Inver Grove Heights
Little Canada
Maplewood
Medina
Minnetonka
Oakdale
Richfield
Shoreview
SEE ALSO
MERGED OR DEFUNCT COMPANIES Wells Fargo continues to have a major presence in Minneapolis, and the city is home to the Wells Fargo Home Mortgage division. In 1998, Norwest Bank of Minneapolis bought Wells Fargo Bank of San Francisco, California . Because Wells Fargo had more brand recognition, Norwest chose to rename itself Wells Fargo Bank and moved its headquarters from Minneapolis to San Francisco. An erroneous impression that Wells Fargo acquired Norwest may result. Honeywell was headquartered in Minneapolis but moved to Morristown, New Jersey to occupy Allied Signal 's headquarters after the two companies merged in 1999. Honeywell 's former headquarters is now occupied by Wells Fargo . The Soo Line Railroad was formerly based in Minneapolis. The company headquarters still exist as the Soo Line Building . Northwestern Consolidated Milling Company produced Ceresota flour in Minneapolis from 1891 to 1953. Its Elevator A, and A and F mills are still standing and two of these structures are in use as office buildings. |
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